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Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244.
Exclusions
Tenant Belongings
Broker
RE/MAX AFFILIATES MARQUIS LTD.
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Multiplex
231 Louisa Street Cornwall
Cornwall
Type
Multiplex
Basement
Full, Unfinished
Parking
None (3)
Property Tax
~$1,662/yr
Heating
Baseboard
Buying Essentials
Square Feet
3250 sqft
Facing Direction
West
Parking
None (3)
Finances
List Price
$714,900
Price per SQFT
$220/sqft
Property Tax
~$1,662/yr
Property Specs
Property Type
Multiplex
MLS Size
3250 sqft
Basement
Full, Unfinished
Living & Amenities
Heating Type
Baseboard
Features
Sump Pump
Policies & Utilities
Neighbourhood
Cornwall
Listed On
May 26, 2026
Days on Market
Current: 165 days
Room information is not available for this listing.
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